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Greek Property Market on Slow but Steady Upward Path

Greece’s housing market is gradually improving, holding the 48th spot among 57 global markets on residential and commercial property consultancy Knight Frank’s Global House Price rankings. The London-based agency released second trimester data for the year and according to Central Bank of Malta figures, prices increased by 17 percent year-on-year with only seven countries and territories (12 […]

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Dubai’s realty brokers could feel the Brexit punch

Dubai: Further turbulence for global currencies could have consequences for those UAE real estate agents heavily reliant on overseas investors for their deals. The pound’s weakening, in particular, will effectively mean that UK-based investors are less likely to shop around for assets in dollar-pegged currencies. (The British currency is down 7.3 per cent for the […]

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Kenya : What Brexit Means to the Property Market

“Brexit is expected to affect all markets, and people are wondering how this will affect the Kenyan economy as well as the property market. In general, it is important to understand that such unexpected changes result in both economic and financial shifts. Usually, economic shifts happen slowly while financial shifts happen overnight and can be […]

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U.K’s Housing Market Feels Effects of Brexit Vote

  Brexit hit the U.K. housing market hard in June, a survey of property brokers showed on Thursday. The Royal Institute of Chartered Surveyors said that after Britons voted to leave the European Union on June 23, its members reported weakening demand, a drop in the number of homes put up for sale, and a […]

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EU referendum uncertainty weighs on UK housing market

Uncertainty over the EU referendum has driven the biggest fall in the number of people trying to buy a property since the financial crisis and deterred sellers from putting their homes on the market, according to the latest report from surveyors.   The fall in buyer inquiries is expected to lead to a drop in […]